Defi’s Total Value Locked Hits $80 Billion in a Dramatic Turnaround Since 2022
Submitted by Anonymous (not verified) on Sun, 02/25/2024 - 17:50
Recent data reveals that the total value locked (TVL) in decentralized finance has jumped past the $80 billion milestone, reaching heights not observed since the downfall of Terra’s stablecoin in May 2022. Leading the charge in 2024 by TVL size is Lido’s liquid staking platform, with ether-based liquid staking derivatives (LSDs) securing a dominant position […]